Dow Jones: 22,203.48 pts (+45.30pts, +0.20%)
Wall Street ended mixed overnight as the Dow (+0.2%) advanced for the fourth straight session to close at another fresh record high, lifted by stronger-than-expected inflation data but the S&P 500 fell 0.1%. The immediate resistance is located at 22,500.

FBM KLCI: 1,781.37 pts (-4.70pts, -0.26%)
The FBM KLCI (-0.3%) extended its losses yesterday as the weakness was also in tandem with the negative performance across key regional indices. The immediate resistance is located at 1,800.

Crude Palm Oil: RM2,867 (-RM6, -0.21%)
Crude palm oil prices ended marginally lower, paring off all its intraday gains n potential higher inventory data. The immediate resistance is envisaged around RM2,900.

WTI Crude Oil: $49.89 (+$0.59, +1.19%)
Crude oil prices recorded its fourth consecutive session of gains on higher consumption from U.S. and Europe. The immediate resistance is located at US$50.

Gold: $1,329.74 (+$7.37, +0.56%)
Gold prices advanced on renewed geopolitical tension in North Korea. The immediate resistance will be pegged around US$1,350.

Economic Releases:
US - United States' Retail Sales, 8.30PM
US - United States' Industrial Production, 9.15PM

Bursa Malaysia Trade Statistics - 14Sep17
Institutions:  Net SELL 30.4 mln (52.3%)
Retail:  Net BUY 13.5 mln (22.7%)
Foreign:  Net BUY 16.9 mln (25.0%)

Potential Momentum Stocks - 15Sep17 
Stock Name: CRESBLD (8591)
Entry: Buy above RM1.10
Target: RM1.19 (8.2%), RM1.22 (10.9%)
Stop: RM1.04 (-5.5%)
Shariah: Yes
Technical: Bullish engulfing candle

Stock Name: GFM (0039)
Entry: Buy above RM0.635
Target: RM0.705 (11.0%), RM0.76 (19.7%)
Stop: RM0.615 (-3.1%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.